An additional 32 trains, worth $230 million (£141 million), are due to be purchased as part of an agreement between South African state logistics company Transnet and Venus Railway Solutions.
The purchase of R97 billion (£8.8 billion) worth of new stock for Metrorail and long-distance railway services represents a "significant milestone" in passenger rail transport in South Africa.
Graham Smith, coordinator of the project "Development corridor in the province of Lower Congo in the South West of the Democratic Republic of the Congo (DRC)", has announced that the total bill for...
France has announced its intention to make a sum of 150 million euros available to Tunisia to finance a project to extend the natural gas network in the regions in the North-West...
March 14: Chad has signed an agreement to the value of 7.5 billion dollars with Chinese group CCECC for the construction of a rail line which will run for 1,344 Km.
The government of Mozambique announced last Wednesday that it had invested a billion dollars in transport infrastructure over a period of two years between 2008 and 2010.
Tuesday March 15 2011: the World Bank has granted two loans to a total value of 342 million dollars to Morocco, which will be used to finance modernization projects in the sectors...
Abdelkader Kheta, director of maritime infrastructures, announced that 1.4 billion dollars will be invested over the next four years in order to complete several construction and renovation...
The African Development Bank (AfDB) has agreed to give Nigeria a $34.3 million (£21 million) loan to finance capacity building for Public Private Partnerships (PPPs).
Under the terms of the agreement, the money will be...